Re:UK votes to leave EU
by threeseed on Friday June 24, 2016 @03:25AM
(#11967470)
100% wrong because of one unavoidable fact: people are ageing.
Without young immigrants and their higher birth rates there simply won't be enough tax revenue to cover future social obligations. We know what this game looks like: Japan. A country looking at a steady and certain decline in quality of life. This is what the UK is going to be like.
The EU is absolutely going to be dominant in the future. Collectively it has an economy that is more varied and flexible and the single market is invaluable. As a startup or prospective exporter being able to try things out in your local market (of 500 million people no less) is the reason the US is so successful.
Without young immigrants and their higher birth rates there simply won't be enough tax revenue to cover future social obligations. We know what this game looks like: Japan. A country looking at a steady and certain decline in quality of life. This is what the UK is going to be like.
The EU is absolutely going to be dominant in the future. Collectively it has an economy that is more varied and flexible and the single market is invaluable. As a startup or prospective exporter being able to try things out in your local market (of 500 million people no less) is the reason the US is so successful.